BB purchases an additional $83 million from banks in dollar auction
So far, Bangladesh Bank has brought in $622 million in fiscal 2026. On August 10, the central bank purchased an additional $83 million through dollar auctions, continuing its efforts to stabilize the US dollar and support the remittance and export sectors. According to central bank data, this purchase was made at a rate of TK121.47-121.50. […]
Data breach at Allianz Life impacts most of 1.4 million clients
Cybercriminals are always on the lookout for new targets, and the insurance sector seems to be a prime choice for them. This is largely because insurance companies handle vast amounts of personal, financial, and medical data. Recently, AFLAC, one of the leading household guarantee firms in the U.S., confirmed it has been hit by a […]
Ethereum ETFs in the US End Week with $460 Million Performance as ETH Price Exceeds $4,200
US Ethereum ETF Sees Positive Shift After Rough Start The Ethereum ETF in the US has had quite a rollercoaster of a week. It started off poorly, with significant withdrawals from Cryptolink products, which only added to a shaky beginning for August. Yet, things began to turn around for the US Ethereum ETF, which quickly […]
City to close remaining migrant hotel after spending $170 million on troubled shelter
The End of an Era New York City is preparing to close its last and most infamous immigrant hotel, signaling a shift in its handling of the immigration situation, as reported by the Post. The former four-star hotel on 8th Avenue was repurposed in October 2022, transforming its 1,331 rooms into shelters amidst a significant […]
P’Nut the Squirrel’s owners are seeking $10 million from New York for their pet’s death.
The tragic incidents involving a well-known squirrel may jeopardize an extraordinary $10 million settlement claim against New York State. Mark Longo and Daniela Bittner, the owners of P’Nut and his raccoon companion Fred, have filed a lawsuit alleging damages related to the death of their pet due to the actions of state investigators. The lawsuit […]
Trump administration plans to reduce DC security funding by $20 million
The Trump administration is cutting millions in security funding for Washington, D.C., even as the president calls for increased federal law enforcement presence due to rising crime rates he deems “out of control.” According to a grant notice from last week, the Federal Emergency Management Agency (FEMA) has reduced the Urban Security Fund for D.C. […]
Longeveron Reveals Public Offering of Up to $17.5 Million
Longeveron Inc. Announces Upcoming Offering Potential revenue from a recent offering could reach $12.5 million, with initial amounts estimated around $500,000 before fees are deducted. On August 8, 2025, Miami-based Longeveron Inc. (NASDAQ: LGVN) revealed it is working on cellular therapies aimed at treating rare pediatric conditions. The company has also introduced short-term warrants that […]
Administration pursues $1 billion agreement with UCLA following halt of $584 million in federal funding for the school
Trump Administration Seeks $1 Billion Settlement from UCLA The Trump administration is pursuing a settlement of $1 billion from the University of California, Los Angeles, as indicated by White House officials on Friday. An unnamed source, who was not authorized to speak publicly about this matter, shared the information on the condition of anonymity. Recently, […]
U.S. Increases Reward for Nicolas Maduro to $50 Million
U.S. Increases Reward for Information on Maduro On Thursday, U.S. Attorney General Pam Bondy announced a significant increase in the reward for information leading to the capture of Venezuelan leader Nicolas Maduro, raising it to $50 million. This marks a notable escalation in the U.S. efforts to address the narcotic crisis linked to his regime. […]
Byron Allen’s media company sells 10 local television stations for $171 million
Byron Allen Sells Ten Local TV Stations for $171 Million Byron Allen, an emerging figure in the media landscape, has sold ten local television stations for $171 million, as his company seeks to restructure its operations. Allen Media Group, which owns the Weather Channel, divested ABC, NBC, CBS, and Fox affiliates to Gray Media, a […]